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A History Of Online Auctions by Oliver Brand





Article Author Biography
A History Of Online Auctions by
Article Posted: 09/22/2012
Article Views: 99
Articles Written: 205
Word Count: 535
Article Votes: 0
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A History Of Online Auctions


 
Internet,Marketing
The history of online auctions is a chequered one. It goes all the way back to the dawn of the internet. To tell the story accurately, we must travel all the way back to the birth of the internet. And when we say the birth of the internet, we do mean the birth.

Many people would look back at online auctions as we know them today and think of them as a fairly modern technological development. Well, you would only be half right. You see, the online auctions that we know and use today actually have their origins in the days even before the first internet browser was invented.

Online auctions first began almost as soon as the internet was invented. Granted, they weren't exactly the online auctions that we all know and love today, but they were online auctions none the less. These auctions would be held predominantly via email discussion and other text based mediums which utilised the internet as a new found connection device.

The first modern day recognisable versions of online auctions however were not seen until around the year 1995. At this point in the history of auctions, some of the major auctioneering powerhouses that we know today were born. This was at a time when the internet was still in its young days, and the technology which made this form of online bidding available was still what many computer scientists at the time considered proprietary technology.

Undeterred by the mammoth nature of what they had undertaken, these online auction pioneers continued with their mission to change the way we shop forever. They saw a future where goods of all shapes, sizes and prices, would be openly available for anyone and everyone to place a bid on. This bidding process meant that the general public were offered the chance to get their hands on some bargain deals. It also meant that people had, for the first time ever, been given an opportunity to voice their opinions and state what they considered to be a fair price for all of the items they would ever consider buying. If the bidding became too heated and prices exceeded what one particular bidder was prepared to pay, he or she could simply drop out of the bidding process and not be liable to pay out any money. These very first online bidding websites gave the public the chance to take back control from the retailers. It was the start of an online shopping revolution which would continue to empower buyers for years to come.

Online auctions continued to grow and develop from there, with the addition of fancy new types of auction and new ways to grab the interest and enthusiasm of the buyers alive. If there is one thing that the online auction industry has become good at over the years, it's adapting. It is an industry which continues to role with the punches, and even today in the face of such economic uncertainty, continues to thrive!

BidGrid online auctions are unique, It's always the lowest unique bid under £3 that wins. You can use the buy it now feature to enjoy risk free bidding. See how it works now

Related Articles - auction site, auction sites, online auction, online auctions, bidding, bidding sites, penny auction, penny auctions, unique bid, lowest unique bid,

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